good post warnie, notice FDL aren't on the mineweb list?
(That's 3 quaters of speculation before an inferred result to give them real credentials.)
Agree FDL has the potential, but until it does the hard yards and proves up the resource, it's not in the running for any of the lists mid-caps peers.
I think it will get there, but it just seems overpriced on the speculation side, (it's already passed POL MC).
But, in 3 years it will make no difference, provided it comes good, it will arrive.
If it overshoots early, it runs the risk of some short term sell off in that 9 month lonely wait, or, if it builds the expectations too high, and delivers only a moderate resource say 50-100 mt, danger of an allergic reaction.
I do think the lonely wait will provide good entries as an investment.
cheers
- Forums
- ASX - By Stock
- FDL
- please read
FDL
flinders diamonds limited
please read , page-8
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)